I helped a young family purchase their first home in Elk Grove CA, 14 miles south of Sacramento.
They decided to buy a new home at a developement called Monterey Village.
The home they chose is a 3 bedroom, 2 bath single story 1465 sq ft stucco house with a tile roof and 2 car garage.
Because they got into contract before April 30, 2010, they will get the Federal tax credit of $8000.
They will also get the new California State Tax Credit of $10,000 because I scheduled their closing to take place after May 1, 2010.
The developer is also going to credit 3% or the purchase price to cover closing costs.
They are very happy.
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